Locuspoint picks up two more Class A TVs

The ranks of television group ownership expanded by one in November, when new entrant into the Class A business Locuspoint Networks filed with the FCC to acquire a trio of big-market Class A television stations, then later added another. Now it has filed for two more.

On 11/19/12, the FCC accepted the next deal, for WRCF-LP Orlando, coming from Charles Namy’s Specialty Broadcasting Corporation for $1.25M.

The total Class A television investment from Locuspoint has now reached $24.4M.

RBR-TVBR observation: We keep hearing that there isn’t likely to be a huge pool of willing participants in the incentive auctions the FCC is planning as part of its effort to encourage wireless broadband. However, it is quite possible that Locuspoint is thinking about participating.
In particular, the pick-up in Detroit could be major: It’s a major US market AND it’s across the water from Canada, meaning that channel availability is impacted not only by crowded airwaves but also by international treaties. Stay tuned.